Community-led program will improve access to health, education, essential services and job opportunities.PORT MORESBY, August 10, 2026 — The World Bank Group has approved the US$100 million Rural Service Delivery Project Phase 2 (RSDP-2), which will help improve access to basic services and strengthen local planning and decision-making in rural communitie...
WASHINGTON, August 7, 2026 – The World Bank Board of Executive Directors approved yesterday a US$100 million grant from the International Development Association (IDA) to support Syria in building the foundations of a modern, secure, and digitally-enabled financial sector. The Syria Financial Sector Modernization Project will support investments that will...
If they act now, AI could help them achieve in a decade what might have taken a centuryWASHINGTON, August 4, 2026—Artificial intelligence (AI) could allow developing countries to do in a decade what might otherwise take a century—provided that governments act swiftly to close the gaps in power, connectivity, skills, and institutional quality that threate...
WASHINGTON, August 3, 2026 — Donor and borrower country representatives of the World Bank Group (WBG) International Development Association (IDA) have selected Dr. Sri Mulyani Indrawati of Indonesia as Independent Co-Chair of IDA's twenty-second replenishment (IDA22). In this role, she will champion stronger policy and financial support for IDA2...
PrintMANILA, August 3, 2026 – The Philippines has reached upper-middle-income country (UMIC) status. Sustaining and deepening that achievement will require the right reforms to navigate current headwinds, unlock stronger, more inclusive growth and better jobs, and continue reducing poverty and inequality, according to the latest World Bank Philippines Eco...
WASHINGTON, JULY 16, 2026 — South Africa’s efforts to modernize critical infrastructure and unlock job creation by tackling long-standing bottlenecks in electricity, freight transport, and water and sanitation services, got a boost with support from the World Bank Group. Reforms supported by the new financing are expected to help create the equivalent of...
RABAT, July 9, 2026 — The World Bank Group (WBG) and the Government of Morocco today announced a new Country Partnership Framework (CPF) to help accelerate Morocco's next phase of growth and job creation and support the Kingdom's ambitious development priorities and vision of a more inclusive, competitive, and resilient economy for all Moroccans.F...
WASHINGTON, July 9, 2026—The World Bank’s Board of Executive Directors today approved financing to accelerate India’s national program for solar rooftops to bring clean energy to millions of homes and create 1.7 million job opportunities across the renewable energy manufacturing, installation, and services value chain.India has committed to achieving ne...
WASHINGTON, July 09, 2026 – The World Bank's Board of Executive Directors today approved US$375.9 million in financing for Pakistan’s Grid Stability Enhancement Project, to strengthen its national power transmission network under the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) Multiphase Programmatic Approach (MPA). The Proje...
PrintWASHINGTON, July 6th, 2026 — The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, and create more and better jobs in Greater Antananarivo and Greater Toamasina.Madagascar’s rapidly growing cities face mo...
